• Petroleo Brasileiro S.A.- Petrobras average price/book ratio for 2024 was 1.16, a 38.1% decline from 2023.
• Petroleo Brasileiro S.A.- Petrobras average price/book ratio for 2023 was 0.84, a 58.49% increase from 2022.
• Petroleo Brasileiro S.A.- Petrobras average price/book ratio for 2022 was 0.53, a 51.43% increase from 2021.

Price/book ratio can be defined as